Housing Starts Increase In April
Housing starts across the U.S. increased in April 2.2% to 1.4 million according the U.S. Census Bureau and U.S. Department of Housing and Urban Development, New Residential Construction report released May 17. Notably, this is 22.3% lower than April 2022’s 1.8 million. Single-family home construction increased 1.6% to its highest level so far in 2023. Starts of apartment buildings and other multifamily projects also rose: The April rate for units in buildings with five units or more was 542,000.
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First Southeast U.S. CLT Plant Announced
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); International Beams plans to build the first cross-laminated timber production facility in the Southeastern U.S. in Dothan, Ala. A 227,000 square foot facility, a vacated GE plant, will be the manufacturing…
Mass Timber Gets The Nod For University Of Idaho’s New Basketball Arena
googletag.cmd.push(function() { googletag.display(‘div-gpt-ad-1548381510056-0’); }); The momentum for mass timber continues to gain strength and speed, with last week’s announcement that the University of Idaho will build its new $30 million basketball arena from wood. Why?…
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